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Built-Out MedSpa Office Building
For Sale
$1,462,500

7506 E Monterey Way, Scottsdale, AZ 85251

1973-built office property currently configured as a MedSpa with dedicated parking and SR zoning in Scottsdale.

Property Size2,250 SF
Days on Market64

Property Features for 7506 E Monterey Way

General Information

Standard status Active
Size 2,250 SF
Class B
Property subtype Multi Tenant Office

Building Details

Building Size 2,250 SF
Year Built 1973
Listing Agency: Menlo Group Commercial Real Estate
Listed By: Steve Berghoff · License #BR581000000
Source: Thebrokerlist
Added: Jun 11 Changed: Aug 12 Last Checked: Jun 26 at 7:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Menlo Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,250 SF office building was constructed in 1973 and is currently built out as a MedSpa. The property is located on a +/- 0.18 acre lot and includes dedicated parking for on-site convenience. It is offered for sale with the tenant currently in place; please do not disturb tenant.

The building is situated in the S-R zoning area of the City of Scottsdale. It is positioned in South Scottsdale and is described as being minutes from Old Town Scottsdale’s dining, entertainment, and shopping districts. Access is noted to Loop 101 and connections to Downtown Phoenix, Tempe, and Phoenix Sky Harbor International Airport.

For buyers seeking an office facility with an existing medical and wellness fit, this MedSpa configuration may reduce initial build-out needs compared with a raw office shell. Its dedicated parking and suburban office location supported by regional connectivity can also support day-to-day patient or client visits. The property is best suited for users and investors looking for a Scottsdale office asset within SR zoning, while accommodating the current tenancy arrangement.

Key Highlights

  • 2,250 SF office building built in 1973, currently built‑out as a MedSpa
  • Approximately 0.18‑acre lot with dedicated parking
  • SR‑City of Scottsdale zoning (SR‑City of Scottsdale)

Property Analytics

Current Use

Advantage Beauty and Health Spa & Massage Center

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Mobile Phone Store Fish Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,101
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 1973-built office property currently configured as a MedSpa with dedicated parking and SR zoning in Scottsdale.
Where is this office building located?
The property is located at 7506 E Monterey Way Scottsdale, AZ.
What is the asking price?
The asking price for this property is $1,462,500.
What are key features of this property?
This property features: 2,250 SF office building built in 1973, currently built‑out as a MedSpa; Approximately 0.18‑acre lot with dedicated parking; SR‑City of Scottsdale zoning (SR‑City of Scottsdale)
More about this property
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